Fossil fuel subsidies up, nuclear power down: IEA

● By Sunanda Creagh, The Conversation ● Market-distorting fossil fuel subsidies rose 30% from 2010 to 2011, stymying efforts to boost the renewables sector and reduce greenhouse emissions worldwide, a new global report has found. The 2012 World Energy Outlook, released by the International Energy Agency on 13. November 2012, also noted that nuclear energy was on the wane in several countries following the Fukushima disaster last year. The World Energy Outlook, which provides an annual snapshot of energy trends and projects their impact on the climate, said that fossil fuel subsidies totalled over $520 billion last year. Around $88 billion was spent worldwide supporting renewable energy. “Taking all new developments and policies into account, the world is still failing to put the global energy system onto a more sustainable path. Global energy demand grows by more than one-third over the period to 2035 in the New Policies Scenario (our central scenario), with China, India and the Middle East accounting for 60% of the increase,” the report said. “Energy demand barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables.” Solar led the growth in the renewable energy sector but it is not until 2035 that renewables are expected to approach coal as the world’s primary source of electricity. Production of oil, shale gas and bioenergy was on the rise in the US, the report said. The report noted that “Japan and France have recently joined the countries with intentions to reduce their use of nuclear power, while its competitiveness in the United States and Canada is being challenged by relatively cheap natural gas ...Zum vollständigen Artikel

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